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Arianne Phosphate Inc V.DAN

Alternate Symbol(s):  DRRSF

Arianne Phosphate Inc. is a Canada-based development-stage phosphate mining company. The Company is engaged in the development of its Lac a Paul phosphate deposits located approximately 200 kilometers (km) north of the Saguenay/Lac St. Jean area of Quebec, Canada. These deposits produce an igneous apatite concentrate grading 39% P2O5 with little or no contaminants. The Company is specialized in the extraction of independent phosphate rock. The project is an undeveloped phosphate deposit globally. The Company’s phosphate is used in fertilizer production, preservatives, animal feed, fungicides, water treatment, the beauty industry, metallurgy, and advanced battery technology. The Company's subsidiary is 9252-5880 Quebec Inc.


TSXV:DAN - Post by User

Bullboard Posts
Comment by kemano01on Dec 20, 2015 7:39am
223 Views
Post# 24398938

RE:going get cash

RE:going get cashNY Trip was an Dog and Pony show, not much else. I am hearing Permits Monday, should have been 3 weeks ago, not sure why the delay. Over the past year I have posted that I do not believe the Majors are coming to the table. The project costs are high and the risks are a concern. AG and POT also had recent major projects in Sask. that went over budget and very late. Shareholders not happy. Ag has been buying back shares to help shareholders returns. Problem is that is a short term solution, not a long term one to increase shareholder value. I predict that this project will be going alone with the Quebec Government in tow. Once the project is de-risked and the costs truly identified, specifically the OPEX, then the majors will be around. I hope, really hope I am wrong, but do not think so.
Bullboard Posts